FRAMOS
ActiveSummary
FRAMOS has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €57,798 and a net result of -€6,061. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 63% of 144 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability11▼-62
Solvency87▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 2.63 against 2.39 in 2025; short-term debt: 37.6% and cash: 49.8% of total assets), and 37.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
62.4%
Return on assets
-6.5%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 03-08-2026, 89 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
89 d early
2025
98 d early
2024
107 d early
2023
110 d early
2022
73 d early
2021
76 d early
2020
108 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 94 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 25 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-03-2027 close31-10-2027 deadline
History
Go further with this company
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2026, abbreviated schema
Equity
€57,798▼ 9.5%
2025 · €63,859
Total assets
€92,642▼ 14.6%
2025 · €108,483
Net result
-€6,061
2025 · €3,394
Working capital
€56,865▼ 8.3%
2025 · €62,046
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€6,516▲ 432%€8,934▲ 37.1%€6,438▼ 27.9%€4,858▼ 24.5%-€1,334
Net result€4,707within the sector's middle half▲ 339%€6,089within the sector's middle half▲ 29.4%€4,436within the sector's middle half▼ 27.2%€3,394within the sector's middle half▼ 23.5%-€6,061
Equity€49,940below the sector's middle half▲ 10.4%€56,030below the sector's middle half▲ 12.2%€60,465below the sector's middle half▲ 7.9%€63,859below the sector's middle half▲ 5.6%€57,798▼ 9.5%
Total assets€95,416below the sector's middle half▲ 3.5%€105,447below the sector's middle half▲ 10.5%€102,835below the sector's middle half▼ 2.5%€108,483below the sector's middle half▲ 5.5%€92,642▼ 14.6%
Debt€45,476▼ 3.1%€49,417▲ 8.7%€42,370▼ 14.3%€44,624▲ 5.3%€34,844▼ 21.9%
Working capital€41,620within the sector's middle half▲ 5.7%€47,793within the sector's middle half▲ 14.8%€55,998within the sector's middle half▲ 17.2%€62,046within the sector's middle half▲ 10.8%€56,865▼ 8.3%
Solvency52.3%within the sector's middle half▲ 3.3pp53.1%within the sector's middle half▲ 0.8pp58.8%within the sector's middle half▲ 5.7pp58.9%within the sector's middle half▲ 0.1pp62.4%▲ 3.5pp
Current ratio1.92within the sector's middle half▲ 0.081.97within the sector's middle half▲ 0.052.32within the sector's middle half▲ 0.352.39within the sector's middle half▲ 0.072.63▲ 0.24
Return on assets (ROA)4.9%within the sector's middle half▲ 3.8pp5.8%within the sector's middle half▲ 0.8pp4.3%within the sector's middle half▼ 1.5pp3.1%within the sector's middle half▼ 1.2pp-6.5%▼ 9.7pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2026: a loss of €1,334 after €4,858 in 2025, the lowest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €92,642
Fixed assets
€932 ▼ 48.6%
Current assets
€91,710 ▼ 14.0%
Equity and liabilities €92,642
Equity
€57,798 ▼ 9.5%
Debt
€34,844 ▼ 21.9%
Debt's share of the balance-sheet total falls from 41.1% to 37.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€455▼
2025 · €7,512
Cash flow
-€4,272▼
2025 · €6,048
Debt to equity
0.60▼
2025 · 0.70
ROE
-10.5%▼
2025 · 5.3%
Interest coverage
0.10▼
2025 · 73.40
Debt ≤ 1 year
€34,844▼
2025 · €44,624
Income taxes
€141▼
2025 · €1,525
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,601 | €2,983 | €3,770 | €2,654 | €1,789 | ▼ 32.6% |
| Other operating charges640/8 | €2,765 | €829 | €885 | €908 | €937 | ▲ 3.2% |
| Gross operating margin9900 | €11,881 | €12,746 | €11,093 | €8,421 | €1,393 | ▼ 83.5% |
| Operating profit (loss)9901 | €6,516 | €8,934 | €6,438 | €4,858 | -€1,334 | ▼ 127% |
| Financial income75/76B | €31 | €63 | €124 | €163 | €62 | ▼ 61.8% |
| Recurring financial income75 | €31 | €63 | €124 | €163 | €62 | ▼ 61.8% |
| Financial charges65/66B | €69 | €94 | €114 | €102 | €4,649 | ▲ 4,442% |
| Recurring financial charges65 | €69 | €94 | €114 | €102 | €4,649 | ▲ 4,442% |
| Profit (loss) for the period before taxes9903 | €6,478 | €8,903 | €6,448 | €4,919 | -€5,921 | ▼ 220% |
| Income taxes67/77 | €1,771 | €2,814 | €2,012 | €1,525 | €141 | ▼ 90.8% |
| Profit (loss) for the period9904 | €4,707 | €6,089 | €4,436 | €3,394 | -€6,061 | ▼ 279% |
| Profit (loss) for the period to be appropriated9905 | €4,707 | €6,089 | €4,436 | €3,394 | -€6,061 | ▼ 279% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €95,416 | €105,447 | €102,835 | €108,483 | €92,642 | ▼ 14.6% |
| Fixed assets21/28 | €8,320 | €8,237 | €4,467 | €1,813 | €932 | ▼ 48.6% |
| Tangible fixed assets22/27 | €8,295 | €8,212 | €4,442 | €1,788 | €907 | ▼ 49.3% |
| Plant, machinery and equipment23 | €4,358 | €3,239 | €2,120 | €1,002 | - | - |
| Furniture and vehicles24 | €3,937 | €4,973 | €2,322 | €787 | €907 | ▲ 15.4% |
| Financial fixed assets28 | €25 | €25 | €25 | €25 | €25 | = |
| Current assets29/58 | €87,097 | €97,210 | €98,368 | €106,670 | €91,710 | ▼ 14.0% |
| Amounts receivable within one year40/41 | €46,890 | €54,797 | €32,811 | €32,540 | €45,544 | ▲ 40.0% |
| Trade receivables40 | €46,870 | €54,797 | €32,811 | €32,540 | €45,544 | ▲ 40.0% |
| Other amounts receivable41 | €20 | - | - | - | - | - |
| Current investments50/53 | - | €7,157 | €7,157 | €7,157 | - | - |
| Cash at bank and in hand54/58 | €40,206 | €35,256 | €58,400 | €66,973 | €46,165 | ▼ 31.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €95,416 | €105,447 | €102,835 | €108,483 | €92,642 | ▼ 14.6% |
| Equity10/15 | €49,940 | €56,030 | €60,465 | €63,859 | €57,798 | ▼ 9.5% |
| Contributions10/11 | €6,205 | €6,205 | €6,205 | €6,205 | €6,205 | = |
| Reserves13 | €6,567 | €12,657 | €17,092 | €20,486 | €20,486 | = |
| Non-distributable reserves130/1 | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | - | - | - | - | - |
| Distributable reserves133 | €4,707 | €12,657 | €17,092 | €20,486 | €20,486 | = |
| Profit (loss) carried forward14 | €37,168 | €37,168 | €37,168 | €37,168 | €31,106 | ▼ 16.3% |
| Amounts payable17/49 | €45,476 | €49,417 | €42,370 | €44,624 | €34,844 | ▼ 21.9% |
| Amounts payable within one year42/48 | €45,476 | €49,417 | €42,370 | €44,624 | €34,844 | ▼ 21.9% |
| Trade debts44 | €9,416 | €9,290 | €9,613 | €9,125 | €11,060 | ▲ 21.2% |
| Suppliers440/4 | €9,416 | €9,290 | €9,613 | €9,125 | €11,060 | ▲ 21.2% |
| Taxes, remuneration and social security45 | €19,407 | €23,980 | €23,404 | €26,511 | €21,014 | ▼ 20.7% |
| Taxes450/3 | €4,769 | €6,386 | €5,282 | €2,736 | €2,561 | ▼ 6.4% |
| Remuneration and social security454/9 | €14,638 | €17,594 | €18,122 | €23,775 | €18,453 | ▼ 22.4% |
| Other amounts payable47/48 | €16,653 | €16,147 | €9,354 | €8,987 | €2,770 | ▼ 69.2% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,707 | €6,089 | €4,436 | €3,394 | -€6,061 | ▼ 279% |
| + Depreciation and write-downs630 | €2,601 | €2,983 | €3,770 | €2,654 | €1,789 | ▼ 32.6% |
| Operating cash flow (approximation) | €7,308 | €9,072 | €8,205 | €6,048 | -€4,272 | ▼ 171% |
| Investment in fixed assets (approximation) | - | -€2,900 | €0 | €0 | -€908 | - |
| Change in cash | - | -€4,950 | €23,144 | €8,572 | -€20,808 | ▼ 343% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
03-08
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
31-03
Financial
Weakest financial yearnet -€6,061
Net result drops to -€6,061, the lowest in the series.
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Highest result since 2019net €6,089 ▲29.4%
Operating result €8,934, net result €6,089, both a record.
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Back to profitnet €2,135
Net result €2,135 after one loss-making year.
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tervuren · 1 establishment unit since 1997
Ground area
1,319 m²
Building footprint
195 m²
Volume, LiDAR
1,287 m³
Parcel 24302G0041/00C006, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Jan Van Boendalelaan 25, 3080 Tervuren
since 19972.080.421.158
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24302G0041/00C006 | Flanders | 1,319 m² | 1 · 195 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,641 companies in sector 70200 we hold annual accounts for 52,636. 38,833 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-02-1997
Fiscal year end31-03
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0459953511
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.